sp'daily5
VIX'daily3
Summary
US equities opened moderately higher, which was impressive after overnight sig' declines.
Cramer "If we do get negative rates, that is good for stocks".
I will return to the Cramer in the Wed' post.
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With WTIC printing the $25s, the US President appeared...
Trump continued....
I will merely note that zero/neg' rates are extremely destructive, especially to the financials.
The afternoon saw a break lower, on news the US Senate is pushing for a Chinese sanctions bill. Price spiraled lower, ending right at the lows.
Volatility was mixed, the VIX printing a new cycle low of 26.00, but settling +19.8% at 33.04.
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Early Tuesday morning moon |
Extra charts in AH (usually around 5pm EST) @ https://twitter.com/permabear_uk
Goodnight from London
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